“Time Is Running Out!” Peter Schiff on Buying Bitcoin, Dumping Gold, & Getting Rich!
The Iced Coffee Hour
Graham Stephan/Jack Selby
4.6 • 679 Ratings
🗓️ 9 June 2024
⏱️ 115 minutes
🧾️ Download transcript
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| 0:00.0 | Amazon offers employees up to £8,000 for education and training, like Juliet. |
| 0:07.0 | She's now a trained technician. And to her, the sound of machinery in need of repair, |
| 0:13.0 | reminds her of how far she's come. In two years, she's landed her dream job, providing her with valuable skills. |
| 0:24.2 | That's up to £8,000 for education and training at Amazon. Eligibility conditions apply. |
| 0:30.0 | Inflation is the number one economic problem, and it's going to get a lot worse as this |
| 0:34.7 | crisis unfold. Under capitalism, the banks would be allowed to fail. |
| 0:38.5 | I'm betting that the Fed is going to continue to behave as recklessly in the future as it has in the |
| 0:43.7 | past. Government wants to keep people poor. Once I can get somebody addicted to government money, |
| 0:49.1 | I've got their vote for life. Freedom is freedom from government. It means you're left alone. You're free to make your own |
| 0:56.4 | choices. What's something today that nobody is listening to? Well, Peter, thank you so much for |
| 1:06.4 | having us today. We really appreciate it. You're an economist, stockbroker. Predicted the great |
| 1:10.5 | financial crisis. And when I first found you, it was in 2011 or 2012. us today. We really appreciate it. You're an economist, stockbroker, predicted the great financial |
| 1:10.9 | crisis. And when I first found you, it was in 2011 or 2012 when you posted the Occupy Wall Street |
| 1:17.0 | video, the I Am the 1%, where you went into the Dragons Den, so to speak, and debated people |
| 1:23.3 | for two hours. And what I was most surprised about was how contentious some of the people were |
| 1:28.1 | and how angry they were at the entire situation. So what do you think they were angry about? |
| 1:32.2 | And do you feel like it was misdirected? Well, I mean, if you remember those days, the whole point |
| 1:37.1 | of the protest was the financial crisis, the bailouts, people were losing homes or losing their home equity, and a lot of people |
| 1:48.3 | were angered, particularly by the bailouts because they saw Wall Street really getting the |
| 1:55.0 | blame for the crisis, but then getting bailed out so that nobody was actually held accountable. Nobody was losing any |
| 2:03.3 | money or, you know, nobody went to jail. So people were angry. But the whole purpose of my visit |
| 2:09.0 | was to redirect that anger where it belonged because the protesters shouldn't be upset with Wall Street |
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